Queen Creek homes for sale in Maricopa County vs Pinal County

By
Real Estate Agent with Good Company Real Estate www.ChandlerRealEstate.weebly.com License # SA577557000

Queen Creek Stats - The difference between Queen Creek homes in Maricopa County and Pinal County.  If you didn't already know, part of the Town of Queen Creek is in Maricopa County and part of the town is in Pinal County, and there are significant differences in the two.

Queen Creek Median Price 2008 Median Price 2009 Median Price Change 2008-2009 Overall Sales 2008 Overall Sales 2009
Maricopa County $230,000 $200,706 -12.7% 984 1,104
Pinal County $144,677 $110,000 -24.0% 4,379 4,489


As you can see, Queen Creek homes in Maricopa County are selling for a lot more than Queen Creek homes in Pinal County.  Part of the reason for this is that Queen Creek in Maricopa County includes everything north of Empire Blvd., and west of Meridian.  This part of Queen Creek includes Ellsworth Road, which is the main downtown area, and also includes where the town offices are located, as well as new shopping centers, strip malls, and restaurants.  Much of the property in that area near downtown Queen Creek was agricultural land that was subdivided into large acred lots.  There were many custom or semi-custom built homes on those properties that started around 2000.  Many of these homes were built before the housing boom of 2005 and 2006, but they also included neighborhoods like Rancho Jardines and Sossaman Estates.  Many of the average size homes in these neighborhoods are over 3,000 square feet, and/or the property sits on a acre of land.

The Pinal County side of Queen Creek is further east, as well as south of Empire mainly along the Hunt Highway.  Although this area is nice, this area tended to develop more tract homes in residential neighborhoods.  They include the community of Johnson Ranch and San Tan Heights, and are not as close in proximity to shopping, employment, or entertainment.  It is still a developing area comercially because of the large number of homes that have been built in that area.  These homes tend to be on even smaller than standard sized lots, and average closer to 2,000 square feet or smaller.

So, as you can see by the chart above, the Maricopa County Queen Creek homes are almost selling for double what the Pinal County Queen Creek homes are selling for, but the Pinal County homes are selling at a rate of almost 4 to 1 over the Maricopa County Queen Creek homes.

Queen Creek Foreclosure Resales Traditional Resale Median Foreclosure Resale Median Traditional Resales Foreclosure Resales
Maricopa County 211,500 206,000 504 447
Pinal County 110,000 100,000 382 398


What is interesting about this foreclosure table above is that the foreclosures in the Maricopa County area of Queen Creek are holding their values better than the foreclosures in the Pinal County area of Queen Creek.  Queen Creek in Maricopa County is only seeing a drop of 2.6 percent between traditional resale and foreclosure resale median prices, while Queen Creek in Pinal County is seeing a 9.1 percent difference.  Also interesting is even though Queen Creek in Pinal County is averaging almost four times the number of overall sales (see table 1), they are experiencing fewer traditional resales and foreclosure resales than Queen Creek in Maricopa County.  I'm not sure what to think of this last statistic, but overall when you are buying a home in Queen Creek, you need to know whether you are buying it in Maricopa County or Pinal County.  There are many factors other than sales price that make up the difference between the two; such as utilities, property taxes, and fire and police service, as well as overall quality of life to consider.  There is truly a difference between Queen Creek in Maricopa County and Queen Creek in Pinal County.

 

Posted by

         Contact Troy Erickson, Realtor®, Good Company Real Estate

                                Licensed Residential Realtor® in Arizona at 602-295-6807

                  for Phoenix, Chandler, Ahwatukee, Tempe, and Gilbert, Arizona Real Estate.

 

Check out our website for all Arizona Real Estate and Homes For Sale in subdivisions like Sun Lakes, Ocotillo, Lakewood, Mountain Park Ranch, Pepperwood, Circle G Ranches, and many others throughout the East Valley.

 

"Real Estate is more than just about a job for me. It is about making a difference in the lives of others. I help people just like you Buy, Sell, and Invest in East Valley Arizona Real Estate!"

        Follow me icon for Twitter        View Troy Erickson's profile on LinkedIn      Troy Erickson Realtor      Troy Erickson on Zillow

***********************************************************************************

Subscribe to my Blog via Email by entering Your Email address here:

Delivered by FeedBurner

 ***********************************************************************************

This post is for informational purposes only and should not be construed as legal advice. If you desire specific legal or tax advice, please consult the appropriate professional. The opinions expressed here represent my own and not those of my employer. Troy Erickson will not be held liable for any errors, ommissions, accuracy, validity, currentness, suitability, completeness; or any losses, injuries or damages arising from its display or use.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Arizona Maricopa County Queen Creek
Groups:
Addicted to Active Rain
City and State
Diary of a Realtor
Market Reports
Posts to Localism
Tags:
queen creek homes
rancho jardines
sossaman estates
johnson ranch
san tan heights
foreclosures for sale in queen creek

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
829,422

Troy Erickson AZ Realtor (602) 295-6807

Your Chandler, Ahwatukee, and East Valley Realtor
How can I help you buy or sell your home?
*
*
*
*

Additional Information